150 59th St ,Dixie Highway Track for Sale & Rent

150 59th St for Sale & Rent

Price $1,750,000.00

• Lot size 5552
• Year Build
• Waterfront
• Zip 33137
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Corner lot currently with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1bed +1bath, with long-term tenants in place, generating steady income until development begins. Each unit has a private backyard, separate address and tenants pay their own utilities . Impact windows throughout - 4 water meters and 4 FPL meters . Zoned T5-R allowing by right development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Open corner exposure directly across from a school maximizes light and sight lines for future development .The lot backs up to a church that occupies the entire block fronting NE 2nd Avenue- this is the only property sharing that block with the church ,offering added privacy and unique dual -frontage advantage. Located in a federally designed Opportunity Zone. One block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global and less than 3 blocks away to the planned Innovation District Tri-Rail Station (Northeast Corridor). Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.

DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1

City Location, Corner Location, Corner Lot, Less Than 1 Acre, Regular Lot

Corner lot currently with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1bed +1bath, with long-term tenants in place, generating steady income until development begins. Each unit has a private backyard, separate address and tenants pay their own utilities . Impact windows throughout - 4 water meters and 4 FPL meters . Zoned T5-R allowing by right development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Open corner exposure directly across from a school maximizes light and sight lines for future development .The lot backs up to a church that occupies the entire block fronting NE 2nd Avenue- this is the only property sharing that block with the church ,offering added privacy and unique dual -frontage advantage. Located in a federally designed Opportunity Zone. One block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global and less than 3 blocks away to the planned Innovation District Tri-Rail Station (Northeast Corridor). Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.

City:Miami,Zoning:T5-R,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.8295091,List Price:1750000,Listing Id:A12063358,Longitude:-80.1930957,Mls Status:Active,Utilities:1:Sewer Connected,2:Water Connected,3:Electricity Available,4:Sewer Available,5:Trash Removal,6:Water Available,Current Use:1:Income (Other),Postal Code:33137,Street Name:59th St,Coordinates:1:25.8295091,Lot Features:1:Corner Location,2:Corner Lot,3:Less Than 1 Acre,4:Regular Lot,Photos Count:70,Building Name:DIXIE HIGHWAY TRACK,Days On Market:6,Lot Size Acres:0.13,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Dixie Highway Track,On Market Date:2026-07-31,Parcel Number:01-31-13-065-1640,Property Type:Commercial Land,Street Number:150,Public Remarks:Corner lot currently with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1bed +1bath, with long-term tenants in place, generating steady income until development begins. Each unit has a private backyard, separate address and tenants pay their own utilities . Impact windows throughout - 4 water meters and 4 FPL meters . Zoned T5-R allowing by right development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Open corner exposure directly across from a school maximizes light and sight lines for future development .The lot backs up to a church that occupies the entire block fronting NE 2nd Avenue- this is the only property sharing that block with the church ,offering added privacy and unique dual -frontage advantage. Located in a federally designed Opportunity Zone. One block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global and less than 3 blocks away to the planned Innovation District Tri-Rail Station (Northeast Corridor). Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.,County Or Parish:Miami-Dade County,Expiration Date:2027-08-01,Frontage Length:60,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2006,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:DIXIE HIGHWAY TRACK,Tax Annual Amount:7450,Unparsed Address:150 NE 59th St, Miami FL 33137,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Road Frontage Type:1:City/County Maintained,2:Public Road,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:60x93,Lot Size Square Feet:5552,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:315.2017,Original List Price:1750000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Corner lot currently with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1bed +1bath, with long-term tenants in place, generating steady income until development begins. Each unit has a private backyard, separate address and tenants pay their own utilities . Impact windows throughout - 4 water meters and 4 FPL meters . Zoned T5-R allowing by right development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Open corner exposure directly across from a school maximizes light and sight lines for future development .The lot backs up to a church that occupies the entire block fronting NE 2nd Avenue- this is the only property sharing that block with the church ,offering added privacy and unique dual -frontage advantage. Located in a federally designed Opportunity Zone. One block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global and less than 3 blocks away to the planned Innovation District Tri-Rail Station (Northeast Corridor). Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.,Listing Contract Date:2026-07-31,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Call Listing Agent,Showing Assist,Street Number Numeric:150,Tax Legal Description:DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1,Gross Scheduled Income:82800,M I A M I R E_ Current Price:1750000,M I A M I R E_ Jurisdiction:City,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:31,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:675000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:T5-R Corner lot,4 unit income property.By-right development to 8 units/5 stories - Step to Magic City & planned Tri-Rail Station.,M I A M I R E_ Parcel Number M L X:1640,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.829478$-80.193075$24.74$13.33$1.00$vWz13qSQGu3P89Smrl-GcQ,Contract Status Change Date:2026-07-31,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:65,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:305-491-8217,M I A M I R E_ Inc Exp Statement Period:0,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:150 NE 59th St,Internet Automated Valuation Display Y N:1,